About Planned Giving

There are numerous planning arrangements available to charitably-minded individuals. Through careful gift planning, individuals can maximize their giving potential.

Planned giving is compelling to many because the methods are well-established in tax law and are relatively easy to initiate. Through thoughtful planning with trusted advisors, donors can find appropriate means to benefit themselves, their families and worthy charities.

Charitable gift plans may help the individual achieve some or all of the following financial objectives:

  • Increase annual income
  • Supplement retirement income
  • Reduce income taxes
  • Reduce or eliminate capital gain tax
  • Diversification of invested assets
  • Management of income-producing assets
  • Reduce estate taxes
  • Replace gifted assets for heirs

Types of Planned Gifts
There are many ways to design and fund planned gifts. The following information provides an overview of the more popular planning tools that are utilized in planned giving. Most planned gifts fall into three broad categories:

  • Major lifetime gifts
  • Life income agreements
  • Gifts made at death of donor

These three categories are described in the information that follows.